SCHULZE, HERBERT K. ET AL
SCHULZE, HERBERT K. ET AL is a Texas oil lease in Nueces County, Railroad Commission district 04, operated by Hughes, Dan A. Company. It has 2 wellbores on file with the Commission. Reported production runs from March 1994 to August 2026, totalling 47,267 barrels. The lease is intermittent. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $207K, with roughly $40K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 34 barrels a month, about 17 per wellbore. Its strongest month on the record we hold was October 2023, at 898 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about SCHULZE, HERBERT K. ET AL
- Who operates SCHULZE, HERBERT K. ET AL?
- SCHULZE, HERBERT K. ET AL is operated by Hughes, Dan A. Company, Railroad Commission of Texas operator number 411739.
- Where is SCHULZE, HERBERT K. ET AL?
- SCHULZE, HERBERT K. ET AL is a Texas oil lease in Nueces County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 12321.
- Is SCHULZE, HERBERT K. ET AL still producing?
- SCHULZE, HERBERT K. ET AL is intermittent. The most recent month of production reported to the Railroad Commission of Texas for SCHULZE, HERBERT K. ET AL is August 2026.
- How much has SCHULZE, HERBERT K. ET AL produced?
- SCHULZE, HERBERT K. ET AL has reported 47,267 barrels of oil (bbl) to the Railroad Commission of Texas between March 1994 and August 2026, from 2 wellbores.
- How much is SCHULZE, HERBERT K. ET AL worth?
- The remaining production from SCHULZE, HERBERT K. ET AL is estimated to be worth about $207K in total as of 27 August 2026, within a range of $114K to $300K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SCHULZE, HERBERT K. ET AL is a fraction of it. The estimate fits an Arps decline curve to the production SCHULZE, HERBERT K. ET AL has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SCHULZE, HERBERT K. ET AL is an estimate of value, not an offer and not an appraisal.
- How much income does SCHULZE, HERBERT K. ET AL generate in a year?
- SCHULZE, HERBERT K. ET AL is forecast to net about $40K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in SCHULZE, HERBERT K. ET AL receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Hughes, Dan A. Company |
|---|---|
| Field | Agua Dulce (7850) |
| County | Nueces County, Texas |
| RRC district | 04 |
| Lease number | 12321 |
| Wellbores | 2 |
| Reported production | 47,267 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $207K |
Where SCHULZE, HERBERT K. ET AL sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.